Life Time Group raises FY26 revenue view to $3.32B-$3.35B from $3.3B-$3.33B

Consensus $3.32B. Raises FY26 adjusted EBITDA view to $925M-$940M from $910M-$925M. The company said, “The Company is reiterating the following expectations for fiscal 2026 as outlined in its fourth quarter and full-year 2025 results announced on February 24, 2026: Open 12 to 14 new clubs, most of which will be large-format, ground-up construction clubs. We expect the total square footage of our 2026 class of clubs to be approximately 1.2 million square feet, nearly double the square footage of each of our 2024 class and 2025 class of clubs. We expect the majority of our 2026 class of clubs to open in the back half of the year, including six to seven in the fourth quarter of 2026. Maintenance capital expenditures of $140 to $150 million, modernization and technology capital expenditures of $130 to $140 million, and growth capital expenditures of $875 to $915 million. Manage our net debt to Adjusted EBITDA leverage ratio to maintain at or below 2.00 times. Provision for income tax rate estimate of 28%.”